alberta investment management corporation news

Alberta government fires AIMCo board to 'reset' pension management fund

The provincial government has removed the entire board of the Alberta Investment Management Corporation (AIMCo).In an statement Thursday afternoon, the province said it has decided to "reset" the focus of the provincial corporation,

Bloomberg on MSN · 14h

Alberta Fires Pension Manager’s Board Over Costs, Returns

Alberta Investment Management Corp.’s entire board was sacked by the provincial government, which said the money manager has increased compensation and staff but hasn’t produced acceptable returns.

Reuters · 16h

Alberta dismisses provincial pension manager's entire board, citing low returns

Canada's main crude-producing province Alberta dismissed the Alberta Investment Management Corp's (AIMCo's) entire board on Thursday, saying the pension manager had underdelivered returns from the investments of provincial government funds it manages.

cbc.ca on MSN · 9h

Province fires board of Alberta Investment Management Corporation

The province said it has decided to "reset" the focus of the provincial corporation, and will be appointing a new board chair within 30 days. Court Ellingson with the Alberta NDP says the move shows incompetence by the government.

19d

Alberta Investment Management Corporation: AIMCo and Ridgeback grow BTR Platform with the acquisition of Mitre Yard in North Kensington

Alberta Investment Management Corporation (AIMCo) and Ridgeback Group have acquired Mitre Yard, a premier Build-to-Rent (BTR) ...

CBC.ca15d

Alberta's squeeze on renewable energy has pushed investment to other provinces

Eight months after the Alberta government lifted its moratorium on the development of new, large wind and solar electricity projects, investment ... the Crown corporation Hydro-Québec announced ...

Financial Post29d

A regulatory squeeze on the purchase of Alberta land by foreign entities is deterring investment: lawyers

Some bureaucrats in Alberta taking a new approach to old provincial rules aimed at protecting farmland could be deterring foreign investment in certain oil ... restrictions since the regulations ...

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